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NNN-Leased Car Wash

1706 Calumet Avenue, Valparaiso, IN 46383

For Sale
Contact for pricing

A 20-year triple-net lease began in December 2020.

Property Size5,656 SF
Lot Size2.80 Acres
Price / SF$842.98
Days on Market33

Property Features for 1706 Calumet Avenue

General Information

Standard status Active
Size 5,656 SF
Lot size 2.80 Acres
Property subtype Special Purpose

Tenancy & Operations

Tenant in Place Yes
In-Place Lease Type NNN
Current Tenants Rainstorm Express Car Wash
Real Estate Included Yes

Additional Details

Automotive Uses car wash

Building Details

Tenancy Single
Listing Agency: SURMOUNT
Listed By: Glen Kunofsky · License NY 49KU1129178
Source: Crexi
Added: Oct 9 Changed: Nov 8 Last Checked: Nov 8 at 5:12PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SURMOUNT

Rey
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Investment Insights

Based on property information with market context.

The Rainstorm Express Car Wash at 1706 Calumet Avenue in Valparaiso, Indiana, includes 5,656 rentable square feet of building space on an approximately 2.8-acre parcel. The property is subject to a 20-year triple-net lease that commenced on December 22, 2020.

Annual rent adjustments are tied to the lesser of 2.0% or 1.25 times the change in the Price Index.

Key Highlights

  • 5,656 rentable square feet of building space
  • Approximately 2.8‑acre parcel
  • 20‑year triple‑net lease commenced 12/22/2020

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Car washes

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Restaurant Auto Parts Store Law Firm Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,060
Businesses Nearby

Demographics for 46383, IN

41,981
Population
18,343
Households
2.3
Avg Household Size
39
Median Age
38%
College-Educated
95%
High-School Grad
87.5 sq mi
ZIP Area
480
Density / Sq Mi
$75,575
Median Household Income
$43,065
Median Earnings
$1,144
Median Rent
$258,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025

Frequently Asked Questions

What type of property is this?
Car wash - A 20-year triple-net lease began in December 2020.
Where is this car wash located?
The property is located at 1706 Calumet Avenue Valparaiso, IN.
What is the asking price?
The asking price for this property is $4,767,912.
What are key features of this property?
This property features: 5,656 rentable square feet of building space; Approximately 2.8‑acre parcel; 20‑year triple‑net lease commenced 12/22/2020
(332) 345-4222 Call to check price and availability
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